Nevada § 163.5533 - “Custodial account” defined
Full text of Nevada Nevada Revised Statutes § 163.5533 — “Custodial account” defined, with citation guidance and answers to common questions.
§ 163.5533. “Custodial account” defined
“Custodial account” means an account: 1. Established by a person with a bank, as defined in 26 U.S.C. § 408(n) , or with a person approved by the Internal Revenue Service as satisfying the requirements
to be a nonbank trustee or nonbank passive trustee pursuant to regulations established
by the United States Treasury pursuant to 26 U.S.C. § 408 ; and 2. Governed by an instrument concerning the establishment or maintenance of an individual
retirement account, qualified retirement plan, an Archer medical savings account,
health savings account, a Coverdell education savings account or any similar retirement
or savings account permitted under the Internal Revenue Code of 1986.
Frequently Asked Questions About Nevada § 163.5533
What does Nevada Revised Statutes § 163.5533 cover?
Section 163.5533 ("“Custodial account” defined") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 163.5533?
A common citation format is "Nevada Revised Statutes § 163.5533" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 163.5533 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.